Essays on Surpluses

China

1. COUNTRY

We have chosen China as a country for analysis

2. RECOMMENDATION We have decided to convert US dollar to Chinese yuan on May 24, 2016. The total cost in dollars according to this option is calculated further in question 9. 3. CHINESE ECONOMY OVERVIEW China’s role in the international arena has been growing in the recent years. Apart from being the most populous country with over 1.3 billion people and one of the largest countries in the world by territory, it has been experiencing substantial economic development in the past decades (Naughton 3). China is the second largest economy in the world after the USA. ...

Part one solution

Ford Motor Company is an American multinational company that manufactures and sells automobiles, and recently it indulged in the production of motorcycle engines. A general environment refers to the elements existing within the society which impacts organizations and firms that operate within a given industrial segment. These elements cannot be directly curbed by the management of a company. Global segments, technological, sociocultural, legal, political, and demographic segments make up the general environment. The demographic part represents the population characteristics of a given geographical area, province, as well as a nation in the world. Also, the segment is inclusive of ...

Introduction

The exchange rate has become an integral component of modern economics. Its role stems from its far-reaching effects on the economy of a country, investments, the profitability of firms, and personal finances. Countries have become even more interdependent due to the rapid advancement in communication technologies and the expansion of global trade, which have significantly reduced the geographical distance between both individuals and countries. However, since nations use a broad range of domestic currencies with different values, trading partners must, therefore, rely on currency conversion methods to facilitate global transactions. This paper explores the importance of exchange rate and ...